Parag Parikh ELSS Tax Saver Fund- Direct Growth

As on 22 Nov 2024

Parag Parikh ELSS Tax Saver Fund- Direct Growth

Q: What kind of returns does Parag Parikh ELSS Tax Saver Fund- Direct Growth provide?

Parag Parikh ELSS Tax Saver Fund- Direct Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Parag Parikh ELSS Tax Saver Fund- Direct Growth had a return of 28.68% over the past 1 year.

Q: How much expense ratio is charged by Parag Parikh ELSS Tax Saver Fund- Direct Growth?

The expense ratio for Parag Parikh ELSS Tax Saver Fund- Direct Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 22 Nov 2024, the expense ratio charged by Parag Parikh ELSS Tax Saver Fund- Direct Growth is typically around undefined %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Parag Parikh ELSS Tax Saver Fund- Direct Growth?

As of 22 Nov 2024, the Assets Under Management (AUM) of Parag Parikh ELSS Tax Saver Fund- Direct Growth is approximately ₹4273.9368 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Parag Parikh ELSS Tax Saver Fund- Direct Growth?

The Net Asset Value (NAV) of Parag Parikh ELSS Tax Saver Fund- Direct Growth is updated daily and reflects the per-unit value of the fund's assets. As of 22 Nov 2024 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Parag Parikh ELSS Tax Saver Fund- Direct Growth?

The PE ratio for Parag Parikh ELSS Tax Saver Fund- Direct Growth is 20.04 and the PB ratio is 3.66. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Parag Parikh ELSS Tax Saver Fund- Direct Growth?

The exit load for Parag Parikh ELSS Tax Saver Fund- Direct Growth is undefined% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Equity

NAV

₹ 32.28

CAGR (3 Years)

19.36%

AUM (Cr)

₹ 4,273.94

Risk

Very High Risk

About Parag Parikh ELSS Tax Saver Fund- Direct Growth

The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments. (80% of total assets in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance) However, there can be no assurance

Breakdown of this Fund

Automobile

8.95%

Banks

40.05%

Capital Goods-Non Electrical Equipment

0.45%

Credit Rating Agencies

0.51%

Debt Others

32.54%

Finance

27.59%

Financial Services

2.38%

Gas Distribution

1.00%

IT - Software

27.22%

Mining & Mineral products

13.87%

Miscellaneous

1.86%

Pharmaceuticals

6.74%

Plantation & Plantation Products

0.56%

Power Generation & Distribution

14.02%

Stock/ Commodity Brokers

3.23%

Sugar

0.43%

T Bills

0.23%

Tobacco Products

11.82%

Tyres

3.37%

Market Capitalization

Similar Funds

Quantum ELSS Tax Saver Fund - Direct (G)

18.3

(3Y)

ICICI Pru ELSS Tax Saver Fund - Direct (G)

14.4

(3Y)

LIC MF ELSS Tax Saver - Direct (G)

16.1

(3Y)

Parag Parikh ELSS Tax Saver Fund- Direct Growth

About Parag Parikh ELSS Tax Saver Fund- Direct Growth

Breakdown of this Fund

Market Capitalization

Similar Funds

Get your FAQs right

What kind of returns does Parag Parikh ELSS Tax Saver Fund- Direct Growth provide?

How much expense ratio is charged by Parag Parikh ELSS Tax Saver Fund- Direct Growth?

What is the AUM of Parag Parikh ELSS Tax Saver Fund- Direct Growth?

As of 22 Nov 2024, the Assets Under Management (AUM) of Parag Parikh ELSS Tax Saver Fund- Direct Growth is approximately ₹4273.9368 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

What is the NAV of Parag Parikh ELSS Tax Saver Fund- Direct Growth?

The Net Asset Value (NAV) of Parag Parikh ELSS Tax Saver Fund- Direct Growth is updated daily and reflects the per-unit value of the fund's assets. As of 22 Nov 2024 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

What is the PE and PB ratio of Parag Parikh ELSS Tax Saver Fund- Direct Growth?

The PE ratio for Parag Parikh ELSS Tax Saver Fund- Direct Growth is 20.04 and the PB ratio is 3.66. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

What is the exit load of Parag Parikh ELSS Tax Saver Fund- Direct Growth?

The exit load for Parag Parikh ELSS Tax Saver Fund- Direct Growth is undefined% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.